Product Code: GVR-1-68038-243-3
Cognitive Computing Market Growth & Trends:
The global cognitive computing market size is projected to reach USD 225.33 billion by 2030, registering a CAGR of 28.4% from 2025 to 2030, according to a new study published by Grand View Research, Inc. The surge in demand for cognitive computing technology comes from an increased need for making better decisions, transforming industries, and democratizing expertise. The technology has become sought-after among decision-makers to handle the massive amount of data and iterative analytics. Industry leaders anticipate the use of cognitive computing systems will gain ground from the rising prominence of machine learning and natural language processing.
Cognitive computing enables business organizations to incorporate advanced data analytics technology in their business processes to measure the risk associated with strategic initiatives. Industry players are progressively investing significantly in adopting modern cognitive solutions through profound research and development. The adoption of Artificial Intelligence and the Internet of Things that enables automated integration between software, hardware platform, and the consumer, has spurred industry growth.
Cognitive computing systems which use real-time analysis, machine learning, and natural language processing (NLP) have become sought-after to provide better results. Some of the prominent attributes, including voice recognition, text analytics, image & visual analytics, and clustering & deep learning, have encouraged leading companies to expedite investments in cognitive computing.
A notable uptick toward data analysis is expected to complement the development of cloud computing platforms and on-premises hardware equipment. Besides, advancements in cognitive technologies have augured well for market growth. For instance, cognitive systems have become the go-to technology for accurate data analysis and boosting customer interaction across industry verticals.
The healthcare industry has exhibited a profound inclination for cognitive systems to collate and assess data, including diagnostic tools, past data, medical journals, and reports. The prevalence of data-powered treatment recommendations has gained ground across emerging and advanced economies.
With companies striving to enhance customer experience, the cognitive computing process has garnered immense popularity. It has also leveraged end-users to provide valuable, contextual, and relevant inputs to the customers. It has the potential to identify strange behavior in the data by inspecting usage patterns to block cyber-attacks.
Cognitive Computing Market Report Highlights:
- The natural language processing technology segment dominated with a revenue share of over 41.83% in 2024 due to the surging demand for pattern recognition and optical character recognition
- Cloud systems are expected to gain momentum as they facilitate secure and integrated data storage solutions according to the business requirements
- The Asia Pacific region is predicted to emerge as the fastest growing market owing to the rise in small and medium enterprises in emerging countries, such as India and China
- Prominent vendors operating in the market include Google, IBM, Microsoft Corporation, Oracle Corporation, SAP, Statistical Analysis System (SAS), and Saffron Technology
- Increased focus on research and development activities and adoption of artificial intelligence are being observed in the industry
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Cognitive Computing Market Variables, Trends & Scope
- 3.1. Global Cognitive Computing Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Industry Challenges
- 3.4. Porter's Five Forces Analysis
- 3.4.1. Supplier Power
- 3.4.2. Buyer Power
- 3.4.3. Substitution Threat
- 3.4.4. Threat from New Entrant
- 3.4.5. Competitive Rivalry
- 3.5. PESTEL Analysis
- 3.5.1. Political Landscape
- 3.5.2. Economic Landscape
- 3.5.3. Social Landscape
- 3.5.4. Technological Landscape
- 3.5.5. Environmental Landscape
- 3.5.6. Legal Landscape
Chapter 4. Cognitive Computing Market: Technology Estimates & Forecasts
- 4.1. Cognitive Computing Market: Technology Movement Analysis, 2024 & 2030
- 4.1.1. Natural Language Processing
- 4.1.1.1. Natural Language Processing Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.1.2. Machine Learning
- 4.1.2.1. Machine Learning Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.1.3. Automated Reasoning
- 4.1.3.1. Automated Reasoning Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.1.4. Information Retrieval
- 4.1.4.1. Information Retrieval Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 5. Cognitive Computing Market: Deployment Estimates & Forecasts
- 5.1. Cognitive Computing Market: Deployment Movement Analysis, 2024 & 2030
- 5.1.1. On-premises
- 5.1.1.1. On-premises Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.1.2. Cloud
- 5.1.2.1. Cloud Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 6. Cognitive Computing Market: Application Outlook Estimates & Forecasts
- 6.1. Cognitive Computing Market: Application Movement Analysis, 2024 & 2030
- 6.1.1. Healthcare
- 6.1.1.1. Healthcare Market estimates and forecast, 2018 - 2030 (USD Billion)
- 6.1.2. Retail
- 6.1.2.1. Retail Market estimates and forecast, 2018 - 2030 (USD Billion)
- 6.1.3. BFSI
- 6.1.3.1. BFSI Market estimates and forecast, 2018 - 2030 (USD Billion)
- 6.1.4. Security
- 6.1.4.1. Security Market estimates and forecast, 2018 - 2030 (USD Billion)
- 6.1.5. IT & Telecom
- 6.1.5.1. IT & Telecom Market estimates and forecast, 2018 - 2030 (USD Billion)
- 6.1.6. Aerospace & Defense
- 6.1.6.1. Aerospace & Defense Market estimates and forecast, 2018 - 2030 (USD Billion)
- 6.1.7. Others
- 6.1.7.1. Others Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 7. Cognitive Computing Market: Regional Estimates & Trend Analysis
- 7.1. Cognitive Computing Market Share, By Region, 2024 & 2030 USD Billion
- 7.2. North America
- 7.2.1. North America Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. North America Cognitive Computing Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Billion)
- 7.2.3. North America Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.2.4. North America Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.2.5. North America Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.2.6. U.S.
- 7.2.6.1. U.S. Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.6.2. U.S. Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.2.6.3. U.S. Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.2.6.4. U.S. Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.2.7. Canada
- 7.2.7.1. Canada Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.7.2. Canada Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.2.7.3. Canada Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.2.7.4. Canada Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.2.8. Mexico
- 7.2.8.1. Mexico Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.8.2. Mexico Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.2.8.3. Mexico Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.2.8.4. Mexico Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. Europe Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. Europe Cognitive Computing Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Billion)
- 7.3.3. Europe Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.3.4. Europe Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.3.5. Europe Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.3.6. UK
- 7.3.6.1. UK Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.6.2. UK Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.3.6.3. UK Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.3.6.4. UK Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.3.7. Germany
- 7.3.7.1. Germany Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.7.2. Germany Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.3.7.3. Germany Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.3.7.4. Germany Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.3.8. France
- 7.3.8.1. France Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.8.2. France Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.3.8.3. France Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.3.8.4. France Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. Asia Pacific Cognitive Computing Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Billion)
- 7.4.3. Asia Pacific Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.4.4. Asia Pacific Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.4.5. Asia Pacific Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.4.6. China
- 7.4.6.1. China Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6.2. China Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.4.6.3. China Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.4.6.4. China Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.4.7. Japan
- 7.4.7.1. Japan Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.7.2. Japan Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.4.7.3. Japan Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.4.7.4. Japan Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.4.8. India
- 7.4.8.1. India Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.8.2. India Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.4.8.3. India Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.4.8.4. India Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.4.9. South Korea
- 7.4.9.1. South Korea Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.9.2. South Korea Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.4.9.3. South Korea Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.4.9.4. Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.4.10. Australia
- 7.4.10.1. Australia Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.10.2. Australia Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.4.10.3. Australia Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.4.10.4. Australia Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.5. Latin America
- 7.5.1. Latin America Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Latin America Cognitive Computing Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Billion)
- 7.5.3. Latin America Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.5.4. Latin America Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.5.5. Latin America Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.5.6. Brazil
- 7.5.6.1. Brazil Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.6.2. Brazil Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.5.6.3. Brazil Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.5.6.4. Brazil Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. Middle East and Africa Cognitive Computing Market Estimates and Forecasts, by Country, 2018 - 2030 (USD Billion)
- 7.6.3. Middle East and Africa Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.6.4. Middle East and Africa Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.6.5. Middle East and Africa Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.6.6. UAE
- 7.6.6.1. UAE Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.6.2. UAE Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.6.6.3. UAE Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.6.6.4. UAE Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.6.7. KSA
- 7.6.7.1. KSA Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.7.2. KSA Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.6.7.3. KSA Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.6.7.4. KSA Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
- 7.6.8. South Africa
- 7.6.8.1. South Africa Cognitive Computing Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.8.2. South Africa Cognitive Computing Market Estimates and Forecasts, by Technology, 2018 - 2030 (USD Billion)
- 7.6.8.3. South Africa Cognitive Computing Market Estimates and Forecasts, by Deployment, 2018 - 2030 (USD Billion)
- 7.6.8.4. South Africa Cognitive Computing Market Estimates and Forecasts, by Application, 2018 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Vendor Landscape
- 8.2.1. Company categorization
- 8.2.2. List of Key Distributors and Channel Partners
- 8.2.3. List of Potential Customers/Applications
- 8.3. Competitive Dynamics
- 8.3.1. Competitive Benchmarking
- 8.3.2. Strategy Mapping
- 8.3.3. Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. CognitiveScale
- 8.4.1.1. Participant's overview
- 8.4.1.2. Financial performance
- 8.4.1.3. Deployment benchmarking
- 8.4.1.4. Strategic initiatives
- 8.4.2. Enterra Solutions
- 8.4.2.1. Participant's overview
- 8.4.2.2. Financial performance
- 8.4.2.3. Deployment benchmarking
- 8.4.2.4. Strategic initiatives
- 8.4.3. Google
- 8.4.3.1. Participant's overview
- 8.4.3.2. Financial performance
- 8.4.3.3. Deployment benchmarking
- 8.4.3.4. Strategic initiatives
- 8.4.4. HP Development Company, L.P.
- 8.4.4.1. Participant's overview
- 8.4.4.2. Financial performance
- 8.4.4.3. Deployment benchmarking
- 8.4.4.4. Strategic initiatives
- 8.4.5. IBM Corporation
- 8.4.5.1. Participant's overview
- 8.4.5.2. Financial performance
- 8.4.5.3. Deployment benchmarking
- 8.4.5.4. Strategic initiatives
- 8.4.6. Microsoft
- 8.4.6.1. Participant's overview
- 8.4.6.2. Financial performance
- 8.4.6.3. Deployment benchmarking
- 8.4.6.4. Strategic initiatives
- 8.4.7. Nuance Communications Inc.
- 8.4.7.1. Participant's overview
- 8.4.7.2. Financial performance
- 8.4.7.3. Deployment benchmarking
- 8.4.7.4. Strategic initiatives
- 8.4.8. Numenta
- 8.4.8.1. Participant's overview
- 8.4.8.2. Financial performance
- 8.4.8.3. Deployment benchmarking
- 8.4.8.4. Strategic initiatives
- 8.4.9. Oracle Corporation
- 8.4.9.1. Participant's overview
- 8.4.9.2. Financial performance
- 8.4.9.3. Deployment benchmarking
- 8.4.9.4. Strategic initiatives
- 8.4.10. Palantir
- 8.4.10.1. Participant's overview
- 8.4.10.2. Financial performance
- 8.4.10.3. Deployment benchmarking
- 8.4.10.4. Strategic initiatives
- 8.4.11. PTC
- 8.4.11.1. Participant's overview
- 8.4.11.2. Financial performance
- 8.4.11.3. Deployment benchmarking
- 8.4.11.4. Strategic initiatives
- 8.4.12. Saffron Technology
- 8.4.12.1. Participant's overview
- 8.4.12.2. Financial performance
- 8.4.12.3. Deployment benchmarking
- 8.4.12.4. Strategic initiatives
- 8.4.13. SAP
- 8.4.13.1. Participant's overview
- 8.4.13.2. Financial performance
- 8.4.13.3. Deployment benchmarking
- 8.4.13.4. Strategic initiatives
- 8.4.14. Statistical Analysis System (SAS)
- 8.4.14.1. Participant's overview
- 8.4.14.2. Financial performance
- 8.4.14.3. Deployment benchmarking
- 8.4.14.4. Strategic initiatives
- 8.4.15. Tibco Software
- 8.4.15.1. Participant's overview
- 8.4.15.2. Financial performance
- 8.4.15.3. Deployment benchmarking
- 8.4.15.4. Strategic initiatives
- 8.4.16. Vicarious
- 8.4.16.1. Participant's overview
- 8.4.16.2. Financial performance
- 8.4.16.3. Deployment benchmarking
- 8.4.16.4. Strategic initiatives